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Listing provided courtesy of Better Homes and Gardens RealNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 837843MLS Provider

324 S Main StreetCrown Point, IN 46307

Multi-Family · 6 Beds · 4 Full Baths · 0.25 Acres
$545,000 Active

324 S Main Street Overview

Time on Site:
63 days
Visits:
0

4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from off-street parking with eight dedicated spaces located on a low-traffic side street, as well as walkability to restaurants, shops, and amenities just a few blocks away. Situated on a corner lot in a highly desirable downtown location with strong rental demand and access to Crown Point schools. Owner currently covers water, sewage, trash, and heat, with tenants responsible for electric and cooking gas, offering an opportunity to further optimize expenses. All units are currently on month-to-month leases, providing flexibility for investors to adjust rents or for an owner-occupant to occupy a unit.

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324 S Main Street Facts & Features

  • Type Multi-Family
  • Lot 0.25 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Operating Expense: 13929

Building Information

  • New Construction: false
  • Year Built: 1890

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Crown Point
  • Township: Center

Rent/Lease Information

  • Lease Considered: false
  • Rent Includes: See Remarks

Tax Information

  • Tax Annual Amount: 3844
  • Tax Assessed Value: 349900
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,VA Loan,FHA,Conventional
  • Parcel Number: 451608253004000042
  • Pets Allowed: Size Limit
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: Agent Owned

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Above Grade Finished Area: 4286

General Information

  • Appliances: Dryer,Washer,Refrigerator,Gas Water Heater,Gas Range
  • Fireplace Features: Living Room
  • Fireplace: true
  • Fireplaces Total: 1
  • Heating: Natural Gas,Common
  • Interior Features: Ceiling Fan(s),Entrance Foyer,Crown Molding
  • Laundry Features: Lower Level,Laundry Room
  • Levels: Two
  • Living Area Source: Assessor
  • Rooms Total: 15
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Concrete,Off Street,On Street
  • Parking Total: 8

Lot Information

  • Additional Parcels: false
  • Lot Features: Back Yard,Front Yard,Corner Lot
  • Lot Size Acres: 0.2507
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10920
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Patio And Porch Features: Deck

General Information

  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

324 S Main Street Neighborhood

Community

46307 (CROWN POINT) Demographics

40
Median Age
725
Population Density (per sq. mile)
38%
College Educated
$87,543
Estimated Median Income
20,128
Estimated Total Home Owners
2,839
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

324 S Main Street Monthly Cost

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$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

324 S Main Street Market Data

Based on the last 30 days in this zip code

$476,841
Average List Price
$190
Average Price per Square Foot
123
Properties Sold
61
Average Days on Market
499
Properties for Sale
Calculations provided by Reliance Network

324 S Main Street History

Date Event Value Agent
6/6/2026Source: Northwest Indiana MLS Price Reduction
$545,000 -2.7%
5/13/2026Source: Northwest Indiana MLS Price Reduction
$559,900 -1.8%
4/27/2026Source: Northwest Indiana MLS Added to Database
April 27, 2026